The looming class action suit against Nic Georgiou and Orthotouch by investors in the failed R4.6 billion Pickvest property syndication schemes, may receive a significant boost.

Morkel Steyn, a senior marketing executive of Pickvest and a director of all the Highveld Syndication schemes, has “disassociated” himself from property magnate Nic Georgiou, Orthotouch and several other related individuals, as he doesn’t believe they act in the best interest of investors.

He has now approached the Highveld Syndication Action Group (HSAG), the driver of the class action application, to offer his assistance.